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to china beginning a string of meetings that would eventually open that isolated eastern nation to the western world. that opening checked soviet expansionism and in a sense was the beginning of the end of the cold war. >> this was the week that changed the world. >> it was also the beginning of china's entry into the world economy, which has resulted in that country becoming the world's second largest economy. >> red china's battle plan. >> but back then the idea of a rapprochement with china would have been rejected as pure fantasy. china was a communist regime that had been fighting america and its allies across the globe. how did the decision come about in the midst of such intense opposition? what were the internal maneuverings that paved the way, the secret dealings that made it actually happen? who better to ask than the man himself, dr. henry kissinger. this is what the world looked like when you enter into the white house with richard nixon. the united states has had no relations with china. we have been implacably opposed to this regime. we fought against them, america
lived in china. once again, america's proof we are falling behind in infrastructure. thanks for watching "street signs." i'll send it to "closing bell." >> and hello again, everybody. welcome to the "closing bell." i'm mandy drury sitting in for maria bartiromo. happy boxing day as well. >> christmas is over but mandy has been celebrating boxing day all day. we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cl
with a bunch of allies who supported him. >> i've been reading kissinger's book on china, but he raises's broader question which is important. unfathomable as it is to americans there are parts of the world where they do not believe in alienable rights, right? they don't believe in human rights in the way that we do. >> exactly. and when we try to impose it on them they consider it a violation of their sovereignty. >> exactly. >> china feels that way often. russia, same thing. how far do we go in promoting human rights? the trade off that we'll get here. the law gets passed and human rights violators in russia can't come year and now 1,000 children don't come to the united states and people who want them don't get them. >> my personal view, no. they're glad to take our money and they've long had to put their money overseas, but they do not want human rights promotion and we've seen that inside russia and we've seen that against the crockdown on the internet and this is just the latest interaction of the series of things going back for more than a year against the political opposition an
would be short yen and long japanese stocks. >> people watching not just january but china. ir ir ir iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in
invited a number of us to go with them to china. it was quite an experience. senator stevens -- of course, another world war ii veteran -- had flown the first cargo play plane into what was then peking in 1974. and senator inouye was well-regarded in china for that service. and so the group of norse -- there must have been -- and so the group of norse -- ther of se must have been a dozen of us -- got together with the leaders of china. we were accorded every courtesy we could possibly be accorded because of the presence of senator inouye and senator stevens. they were like brothers. they called one another "brothers." they acted that way in private. they served that way in the senate as chairman and vice-chairman and vice-chairman and chairman of the appropriations committee. they single-handedly shaped our american defense posture and they did it with skill and pay troivmen--and patriotism and the that very few could have. several senators have mentioned how bipartisan dan inouye was. he was of the old school. not a bad school for today, in my point of view. he treated each senator with
's right, they built it in china. >> let's never revisit that. you didn't build that. >> i'll tell you one thing, viral videos helped spread the word about it. number four, our old friend herman cain, a lot of our friends were afraid after his pokemon speech, we'd never hear from him again. this video game involving chickens. >> your average american taxpayer, big government. >> ahh! >> any questions? >> i've got a lot of questions. that is so weird. >> i totally get that video. see, the guy represents the american people, the chicken represents big government, and herman cain represents nobody ever, because he'll never get elected to anything, ever. >> you talk to herman, he still swears, he would have been the republican nominee. and i'm sitting there going, herman, seriously, you need a mental checkup. >> there's something in there that explains why we like herman cain. >> but sad reality, he was the republican front-runner. >> everybody was the republican front-runner! will was? >> never have chicken wings at a godfather's pizza. >> the next viral video is a subject near and dear to ro
their signs up, you didn't build that. i'm like, you're right, they built it in china. >> all the fact checking organizations say it was totally taken out of context and very misleading, but i really wish we had those three minutes for will to rehash the whole "you didn't build that" -- >> please, never revisit that, you didn't build that. >> well, the viral videos helped spread the word about it. now, number four, our old friend herman cain, a lot of us were afraid after his pokemon concession speech, we'd never hear from him again, but he does have a life after the presidential campaign. this video involving chickens. >> is the average american taxpayer feeding big government? >> ahh! >> any questions? >> i've got a lot of questions. that is so weird. >> i totally get that video. see, the guy represents the american people, the chicken represents big government, and herman cain represents nobody ever, because he'll never get elected to anything, ever. >> you talk to herman, he still swears, he would have been the republican nominee. and i'm sitting there going, herman, seriously, you
's no question the usa economy is going to go into recession. we closed down our manufacturing in china and relocated our manufacturing to the usa. for other companies to consider following our lead, they need to trust that our leaders in washington will actually lead. think outside the box. create incentive for businesses to invest in the u.s. economy. tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd# 1-800-345-2550 ...i've been finding opportunities like this tdd# 1-800-345-2550 a lot more easily. tdd# 1-800-345-2550 like today, tdd# 1-800-345-2550 i was using their streetsmart edge trading platform tdd# 1-800-345-2550 and i saw a double bottom form. tdd# 1-800-345-2550 i called one of their trading specialists tdd# 1-800-345-2550 and i bounced a few ideas off of him. tdd# 1-800-345-2550 they're always
as in china we went and helped people in small businesses that have been wiped out temporarily to be able to come back, our fishing people deserve emergency assistance to tide them over and help them through this most critical time. i would turn to the senator from alaska and the senator from new hampshire, and ask what that means to the state of new hampshire if she might share with us. mrs. shaheen: my friend from massachusetts understands the challenges we have in new hampshire, as does senator whitehouse from rhode island, because, in fact, fishing is one of the oldest industries that we have in new england. and new hampshire it dates back over 400 years. because we have a much smaller coastline than massachusetts and rhode island, we have a smaller -- smaller group of people who earn their living through fishing, but they have smaller boats, and therefore they're more affected by some of the fishing regulations and some of the adverse weather conditions that have affected fishing. about 90% of the fishing that new hampshire's fishermen do is for cod and cod is the species that has be
china. it can valve at 120 miles per hour. next, 89 years. that's the age of the representative ralph hall, of texas who became the oldest serving house member of all time. he came to congress in 1981 as a democrat, but became a republican in 2004. finally, 110,000. that's how many people called norad to find out where santa was. they say that broke last year's record. clayton? >> clayton: thanks. did you get a handful of gift cards you can't use or gifts you don't want this christmas? you're not alone. today is the day to turn the unwanted gift cards into cash. consumer savings expert is here with great tips this morning. good to see you. hope you had a great christmas. >> i did, thank you. >> clayton: let's dive in here. number one, you say register your gift cards. >> right. it's really important to go on-line and register that gift card so that if it gets lost or stolen, that you can recover it. you can go on-line to the retailer's web site, or you can also actually register it at creditcard.com. they have a yourwallet recovery tool which will alert you and give you tips on how to
to evacuate u.s. military personnel. >>> now to a terrifying scene for shoppers in china. if you are afraid of sharks, you may not want to watch this video. this was an indoor tsunami. a huge shark tank burst, sending broken glass and water crashing into onlookers. more than a dozen people were injured. mostly with minor cuts and bruises. sadly, the sharks did not survive. >> who thought that was a good idea? >>> the economy could suffer a major blow next week if thousands of union dock workers make good on their threat to strike. a walkout would close every port from boston to houston. that means tons of goods would not be able to move in or out. the contract expired back in september. >>> and it is that time of year again when warnings go out to everyone about the dangers of thin ice. case in point, take a look at this from monroe county, michigan. jim swayze was walking his dogs when one of them went out on the ice and fell in. oh, poor guy. his wife called in her cousin, he came out, jumped in the water to help their dog. rescue crews were able to get man and best friend to safety. good
: this is magnified 10s of thousands of times. the risk is that business goes over seas to places like china and they don't have the scutiny and we might get devices that are not safe. >> kelly: these can go to ireland, heather. thank you very much. we showed you a poll that 64 percent of the americans think that teachers need to be armed . arizona is about to make that happen next. >> julia: smokersment new laws against you. and like snow smokingats work. that will clear out the front of this building. ♪ ♪ but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh
to handle manufactured goods from china. it's also the largest port on the east coast. now, last year this port handled $208 billion in cargo. we're talking about products like furniture and also apparel. in 2002, we saw a west coast port lockout. estimates suggest that that cost the economy $1 billion a day. and as with the fiscal cliff, there's a political angle with the container cliff as well. business groups are asking president obama to use his emergency powers under taft hartley to prevent a strike. president bush did that back about ten years ago. while a strike will cause major disruptions, there are alternatives for transporting goods, rail and also air are options, but of course those options are not cheap. >> back in november, our members started putting contingency plans into place. the options were either divert containers to west coast ports, bring merchandise in earlier, use canada or mexico, or use air freight. but all of those come at a significant cost as well. >> now, the deadline is 12:01 tomorrow night. and i think it's safe to say that retailers are hoping we co
Search Results 0 to 12 of about 13